Tag Archives: vip gamblers
- Macau arrests 19 people suspected of running illegal VIP room
July 20, 2017
Nineteen people from mainland China were arrested in Macau on Wednesday on suspicion of operating an illegal VIP gambling room in a city hotel. According to a GGRAsia report, which quoted public broadcaster TDM, the hotel involved was located in the NAPE district, and the arrested people had been playing...
- VIP gambling reclaims Macau casino revenue throne
July 17, 2017
Macau’s VIP gambling market continued its resurgence in the second quarter of 2017, outpacing mass market growth by a factor of four. Figures released Monday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) showed the special administrative region’s casino operators enjoyed VIP baccarat revenue of MOP 35.85b (US $4.46b) in...
- Macau’s VIP market Q1 growth twice as fast as mass
April 18, 2017
Macau’s VIP gambling market roared back to life in the first quarter of 2017, rising twice as fast as mass market casino revenue. Figures released Tuesday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show VIP baccarat revenue rising 16.8% year-on-year to MOP 35.5b in the three months ending March...
- Macau gambler scams $100k from bogus VIP room investment
March 7, 2017
Two Singaporean investors have learned the hard lesson that, when it comes to investing in Macau casino VIP gaming rooms, the rule is ‘trust, but verify.’ On Monday, Macau’s Judiciary Police announced that a 52-year-old man had been arrested on March 2 while attempting to flee the special administrative region....
- Echo Entertainment boss: VIP high rollers are abnormally winning
November 4, 2015
VIP high rollers are “abnormally” winning against Australian casino operator Echo Entertainment and it’s hurting the company’s revenue. Echo Entertainment Group Chief executive Matt Bekier told shareholders during the company’s annual meeting that Echo isn't winning as often as it usually does against high-rolling VIP gamblers at its casinos, which...
- IBISWorld Bullish on Australian Casino Market
April 14, 2015
Australia is poised to become a gambling heavyweight as growing wealth in Asia, coupled with VIP gambling spending, could boost the country’s casino revenue to as much as $6.2 billion by 2020. Market researcher IBISWorld made the claim, saying that Australia’s three in-development casinos - one in Sydney, two in...